This study evaluated economics of maize (Zea mays) production in Igabi Local Government Area of Kaduna State, Nigeria. Specifically, the objectives of this research study were set out to: examine the socio-economic or demographic characteristics of sampled maize farmers; evaluate the costs and returns of maize production; identify the factors that influence gross income from maize (Zea mays) production; examine the major constraints and recommend solutions to problems encountered in maize (Zea mays) production in the area of study. A simple random sampling technique adopted and was used in selecting one hundred (100) maize farmers in the area of study. Data were analyzed using descriptive statistics, farm budgeting technique, financial analysis, and multiple regression technique. The analysis of farm budgetary technique shows and reveals that maize (Zea mays) production in the area of study is a profitable enterprise with a gross margin of N 64,500, and net farm income (NFI) of N 61,700.The coefficient of gross ratio was 0.49; this implies that 49% of gross income of maize went to off-set total farm costs. Returns on naira investment (RNI) was 1.06. This implies that for every N1.00 invested by farmers in maize production, N1.06K is their profit. The results of multiple regression analysis shows that the coefficients of land (area planted), hired labour; family labour; expenses on seeds, chemical and insecticide; fertilizer inputs and income from other enterprises were positive, which is also significant at probability level measured at P<0.01. Inadequate capital; high costs of fertilizer and other farm inputs; bad road; high cost of labour; and poor storage facilities were identified as a major production constraints encountered by maize farmers. This study recommends that farmers are encouraged to form cooperative societies to enhance bulk purchase of input which will reduce input cost and ensure timely supply of farm inputs.
Primary Language | English |
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Journal Section | Research Articles |
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Publication Date | December 31, 2018 |
Published in Issue | Year 2018 Volume: 35 Issue: 3 |